gold price trend

2011年7月8日 星期五

Gold prices rose the third day

Gold prices rose the third day
2011-07-08 05:52


New York Mercantile Exchange gold futures prices rose for the third day. August contract rose $ 1.4 an ounce to close at $ 1,530.6, an increase of 0.1%.

European Central Bank announced that it will lead euro zone interest rates from the current 1.25% to 1.5%, central bank governor Jean-Claude Trichet hinted that it might continue to take vigorous measures to counter inflation. Euro interest rates will have to support, and then weighed on the dollar, the dollar price of gold reflects dollar futures for investors holding other currencies more attractive, gold constitutes good support

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